Sandhar Tech to sell stake in joint venture companies to Kwangsung
Sandhar Technologies will divest its entire stake in joint ventures Kwangsung Sandhar Technologies Private Limited (KSTPL) and its subsidiary, Kwangsung Sandhar Automotive Systems Private Limited (KSASPL), to Kwangsung Corporation Ltd for ₹10.08 crore and ₹0.98 crore, respectively. This strategic move, expected by June 24, 2025, aims to streamline its operations and focus on core competencies.